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praising congress for the fiscal cliff dean is like giving an award for an arsonist putting out his own fire. hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. zbrrchltss ink . >>> the incoming 113th congress will be sworn in tomorrow. they will likely tackle taxes, gun role. but there are other issues that may be on the agenda. we have the sleeper issues for congress. let's dive right in. you say at the top of your list fossil fuel exports. why do you think this might become a big issue? >> i think fossil fuel exports has been a huge issue in the energy world for the last couple of years and finally it's rising to the level of where it's going to gain the attention of congress. the energy department released a study last month giving an implicit nod to natural gas exports. i think that could compel congress to really look at this issue. this law governing natural gas exports hasn't been updated since 1938. whether or not congress has the political will to change it remains to be seen but it's certainly
praising congress for the fiscal cliff dean is like giving an award for an arsonist putting out his own fire. hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. zbrrchltss ink . >>> the incoming 113th congress will be sworn in tomorrow. they will likely tackle taxes, gun role. but there are other issues that may be on the agenda. we have the sleeper issues for congress. let's dive right in. you say at...
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to discuss the fiscal cliff. you can see all of pete souza's newly released photos on the show's website, thelastword. that is "the last word" tonight. you can read my work. >> another government shutdown show down? let's play "heart ball." pushl push blank blaeng . >> good evening. leading off tonight, there they go again. republicans are smarting from the results of the fiscal cliff talks. so, now, they're doing what comes naturally when they don't get their way. threatening to shut down the government when the next fight comes up. two senators are making that threat and speaker john boehner says he's ready to use the debt ceiling fight to get the spending cuts he wants. >>> also, a few days late, but the house finally voted for aid to hurricane sandy victims. you'd think a no-brainer. but they promised to punish members for approving the aid and 67% of house republicans voted no. we're going to ask an opponent of aid to confirm that one. now the senate is looking for inappropriate access. leave it to vice pres
to discuss the fiscal cliff. you can see all of pete souza's newly released photos on the show's website, thelastword. that is "the last word" tonight. you can read my work. >> another government shutdown show down? let's play "heart ball." pushl push blank blaeng . >> good evening. leading off tonight, there they go again. republicans are smarting from the results of the fiscal cliff talks. so, now, they're doing what comes naturally when they don't get their...
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to discuss the fiscal cliff. you can see all of pete souza's newly released photos on the show's website, thelastword. that is "the last word" tonight. you >>> good evening, americans, and welcome to "the ed show" from new york. president obama needs your help to protect the big three. i'll show you how tonight. this is "the ed show." let's get to work. >> i suspect that on social security we've got a somewhat similar position. >> new reporting on the fiscal cliff negotiations is alarming defenders of social security everywhere. senator bernie sanders responds here tonight. >> okay, now comes the debt ceiling. i think that is frankly a dead loser. >> newt gingrich warns republicans to quit hostage taking. but another big-time senator refuses the advice. congressman tim ryan, gene robinson and howard fineman on the republican deception on the debt. 67 house republicans vote against disaster relief for new york and new jersey residents. we'll detail the shame of paul ryan and the sandy 67. >>> plus barney frank wan
to discuss the fiscal cliff. you can see all of pete souza's newly released photos on the show's website, thelastword. that is "the last word" tonight. you >>> good evening, americans, and welcome to "the ed show" from new york. president obama needs your help to protect the big three. i'll show you how tonight. this is "the ed show." let's get to work. >> i suspect that on social security we've got a somewhat similar position. >> new reporting...
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. >>> with 58 minutes to spare, congress averted the fiscal cliff, but is this just an intermission with the big brawl still to come? it's wednesday, january 2nd, and this is "now." >>> i'm joy reid filling in for alex wagner. joining me today, michael steele. kurt anderson. ron, assistant managing editor of "time" magazine, and mr. sunday morning himself, editor of "the new york times magazine," hugo lindgren. >>> president obama is back in hawaii today after making permanent the bush tax cuts for 98% of americans. no word if the president will be signing it today with a pen in one hand and muay thai in the other. included in the bill. extension of unemployment benefits for a year and a two-month delay of the automatic spending cuts better known as the sequester. on deficit and debt, the deal is more of a punt, but just averting the cliff has sent the markets soaring with the dow already up over 200 points. while it's no grand bargain, the bill does not tackle spending, by the way, don't miss the significance of this vote. republicans by an overwhelming majority in the senate and minori
. >>> with 58 minutes to spare, congress averted the fiscal cliff, but is this just an intermission with the big brawl still to come? it's wednesday, january 2nd, and this is "now." >>> i'm joy reid filling in for alex wagner. joining me today, michael steele. kurt anderson. ron, assistant managing editor of "time" magazine, and mr. sunday morning himself, editor of "the new york times magazine," hugo lindgren. >>> president obama is back...
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far worse than the impact of a fiscal cliff. people will remember back in 2011 the last time this course of action was threatened, our entire recovery was put at risk. consumer confidence plunged, this meant business investment plunge, quote growth dropped. we can't go down that path again. this will remain in place as long as i am president. the deficit needs to be reduced in a way that is balanced. everyone pays their fair share. everyone does their part. that is how our economy works best. that's how we grow. the sum total of all budget agreements we have reached so far proves that there is a path forward, that it is possible. if we focus not on our politics but on what is right for the country. the one thing that i think we will focus on in the new year is seeing if we can put a package like this together with a little less drama, and the less brinksmanship, not scare the heck out of folks quite as much. we can come together as democrats and republicans to cut spending and raise revenue the way that reduces our deficit, prot
far worse than the impact of a fiscal cliff. people will remember back in 2011 the last time this course of action was threatened, our entire recovery was put at risk. consumer confidence plunged, this meant business investment plunge, quote growth dropped. we can't go down that path again. this will remain in place as long as i am president. the deficit needs to be reduced in a way that is balanced. everyone pays their fair share. everyone does their part. that is how our economy works best....
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>> well, this was a unique situation because we did have the fiscal cliff and we had a lame duck congress. what i think we have to start trying to do is return to what's called around here regular order. there really is no such thing in this congress. but what that means is that the committees actually consider the bills. and the thing that is really the challenge for us is to get republicans and democrats to be working on these committees, talking about the different issues and trying to come up with some compromises. right now, it's just an all-or-nothing proposition, and the republicans have the majority in the house and it's their way or the highway. the senate filibuster is a big impediment. and in the old days that people speak about with some respect, republicans and democrats had meaningful interactions all along the way, so in the end it wasn't just this cliff deal. >> isn't it interesting that two 70-year-olds who have been around for decades were the ones to at least finally get the quick fix done. but the president said the other day he felt a broader agreement could be reache
>> well, this was a unique situation because we did have the fiscal cliff and we had a lame duck congress. what i think we have to start trying to do is return to what's called around here regular order. there really is no such thing in this congress. but what that means is that the committees actually consider the bills. and the thing that is really the challenge for us is to get republicans and democrats to be working on these committees, talking about the different issues and trying to...
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in other words, a redo of the fiscal cliff threatening the u.s. economy. give extremism and allow congress to basically do anything. welcome to washington. andrew, is this -- is this the way it goes now? >> i'm depressing. it is depressing are but it's also maybe the viable path forward. in terms of harm done to the u.s. economy sshgs that the best solution? >> i cannot get behind that. by the way, count get behind the platinum coin. we could draw something on a little piece of paper, and they could hand it to me. i can't get behind any of that. ultimately, we have to actually figure this out. the president has to figure it out. congress has to figure it out, and that's going to be the end of it. i have to think we're wasting our time. not just you us talking about it, but the fact that we're having these conversation bz what kind of wack-a-do arrangement we can create so everyone can pretend everything is okay. >> isn't it a result of a congress that seems to have dug in its heels over a matter that was really a parliamentary procedure more than anything
in other words, a redo of the fiscal cliff threatening the u.s. economy. give extremism and allow congress to basically do anything. welcome to washington. andrew, is this -- is this the way it goes now? >> i'm depressing. it is depressing are but it's also maybe the viable path forward. in terms of harm done to the u.s. economy sshgs that the best solution? >> i cannot get behind that. by the way, count get behind the platinum coin. we could draw something on a little piece of...
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. >> jill, if this fiscal cliff bill does get done is the new congress going to be more or less likely to work with the president on his second term agenda? >> well, the president is going to have more senators to work with, 55 as opposed to 53. that doesn't mean he'll have an easy time of it because republicans can block anything they want in the senate. it depends on what lessons if any republicans took from the election. i do think that the principle gap is very deep and so i'm not sure that we're going to see a kumbaya situation. but as i say, there are some advantages for republicans in making some compromises if they will see it that way. and particularly the demographic challenges. so, you know, ultimately i think the one thing to do is keep -- be realistic about the timetable. i'm not sure the president is going to get everything done that he wants to in 2013 but i would bet on immigration reform. maybe that's crazy and you'll have me back here and i'll have to say no i was wrong. i do think it's so much in republicans' self-interest. they've got some really good spokesmen on t
. >> jill, if this fiscal cliff bill does get done is the new congress going to be more or less likely to work with the president on his second term agenda? >> well, the president is going to have more senators to work with, 55 as opposed to 53. that doesn't mean he'll have an easy time of it because republicans can block anything they want in the senate. it depends on what lessons if any republicans took from the election. i do think that the principle gap is very deep and so i'm...
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it's been three weeks since the congress and the president raised taxes to prevent the fiscal cliff. before the election they called it taxmageddon. many said all they needed was mitt romney to save them. even mitt romney was in awe of mitt romney's awesomeness. >> they'll probably be looking at what the polls are saying, but it looks like i'll be winning the markets and the markets will be happy. it looks if the president were to win the markets would not be so happy. my own view is if we win on november 6th, there will be a great deal of optimism about the future of this country. we'll see capital come back, and we'll see -- without actually doing anything, we'll actually get a boost in the economy. >> i mean, there would be no way the economy could sustain a kenyan muslim socialist assault on all that is good and right and american. but our markets for another few days, much less four more years. again, today is january 25th. and the markets are supposed to be in the tank. so when i heard this, i could barely understand the words. >> this is some sustained growth in the stock mark
it's been three weeks since the congress and the president raised taxes to prevent the fiscal cliff. before the election they called it taxmageddon. many said all they needed was mitt romney to save them. even mitt romney was in awe of mitt romney's awesomeness. >> they'll probably be looking at what the polls are saying, but it looks like i'll be winning the markets and the markets will be happy. it looks if the president were to win the markets would not be so happy. my own view is if...
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cliff, individuals will see taxes go up by $2,000, there is a lot of pressure on congress and white house to take action. that pleasure is playing a huge role. >> kristen welker and kelly o'donnell, thank you, both. we continue our breaking coverage of fiscal cliff talks and what appears to he about a last-minute break through when we come back. please stay with us. ♪ [ male announcer ] why do more emergency workers everywhere trust duracell...?? duralock power preserve. locks in power for up to 10 years in storage. now...guaranteed. duracell with duralock. trusted everywhere. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. [ ship horn blows ] no, no, no! stop! humans. one day we're coming up with the theory o
cliff, individuals will see taxes go up by $2,000, there is a lot of pressure on congress and white house to take action. that pleasure is playing a huge role. >> kristen welker and kelly o'donnell, thank you, both. we continue our breaking coverage of fiscal cliff talks and what appears to he about a last-minute break through when we come back. please stay with us. ♪ [ male announcer ] why do more emergency workers everywhere trust duracell...?? duralock power preserve. locks in power...
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eugene, we have the threat of a government shut down, the threat of default this latest fiscal cliff fumble. there seems to be a storyline here with republicans playing the antagonists. >> there is a storyline. say what you want about nancy pelosi, some people love her, some people don't, obviously. her congress got things done when she was speaker acres mazingly productive congress, the congresses she led. so we come to john boehner's 112th congress, which was, by many measures, the least productive we have had in a long, long time and roll into the 113th congress and there was a questions as to whether they could organize themselves today. two years ago, john boehner became speaker, he cried tears of joy and ceremony of the moment. today, i think he was choked up with anguish at the prospect of having to be speaker for another two years and try to -- if he doesn't negotiate with the president, with whom is he going to negotiate? who is he going to talk to? >> you made a good point there our own joe scarborough put in very stark terms what the gop is facing if it doesn't get its act
eugene, we have the threat of a government shut down, the threat of default this latest fiscal cliff fumble. there seems to be a storyline here with republicans playing the antagonists. >> there is a storyline. say what you want about nancy pelosi, some people love her, some people don't, obviously. her congress got things done when she was speaker acres mazingly productive congress, the congresses she led. so we come to john boehner's 112th congress, which was, by many measures, the...
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cliff deal. >> totally deferred. >> something coming up against in a month or two all the deadlines that republicans in congress are now threatening to use for leverage, debt ceiling, continuing resolution. >> sequester. >> right. i guess the idea you just put out there, carveouts, the basic idea of messing with an increasing the eligibility age for medicare, a huge no no to many people in your party. what are the other things, i'm curious, beside that that you would be comfortable? >> let's challenge that being a huge into no. when was medicare passed into law, guys? >> 1965. >> '65? what was the avalanche life expectancy? >> but governor -- [ overlapping speakers ] >> throw rationality out the window. >> the working poor -- [ overlapping speakers ] what is the life expectancy of the working poor versus what it was ten years ago, gone up, gone down is it the same? >> no, it's gone up. >> for the working poor. >> stayed the same. >> absolutely, it's gone up. it's gone up. >> isn't the goal of the progressive movement to be making medicare more available instead of less available? >>
cliff deal. >> totally deferred. >> something coming up against in a month or two all the deadlines that republicans in congress are now threatening to use for leverage, debt ceiling, continuing resolution. >> sequester. >> right. i guess the idea you just put out there, carveouts, the basic idea of messing with an increasing the eligibility age for medicare, a huge no no to many people in your party. what are the other things, i'm curious, beside that that you would be...
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boehner handled the fiscal cliff negotiations incredibly low ratings for congress. you have about 3/4 of the electorate who say politics right now is doing some serious harm. while at the same time they give the president strong ratings. so they're really taking aim at congress. and i think all of that leads to a situation where voters have really had it now with congress. and they want to see everyone come to the table. and that gives the president a real edge. >> you know, victoria, let me ask you this quickly. that we've seen after four years in office that this president, we see more and more of him as a person. one that sticks out is his emotional speech to his team after his win. watch this. >> what you guys have done, i'm really proud of that. i'm really proud of all of you. and -- >> we're seeing the emotions that we didn't see before as we go into the second term, victoria. >> you know, and as voters, we act with both our hearts and our minds. and i think what obama does is he puts forward that combination that you can agree with his policies. you see the v
boehner handled the fiscal cliff negotiations incredibly low ratings for congress. you have about 3/4 of the electorate who say politics right now is doing some serious harm. while at the same time they give the president strong ratings. so they're really taking aim at congress. and i think all of that leads to a situation where voters have really had it now with congress. and they want to see everyone come to the table. and that gives the president a real edge. >> you know, victoria, let...
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. >> with 58 minutes to spare, congress averted the fiscal cliff. >>> nobody is celebrating this morning, but the deal is done. >> the tax issue has been resolved. >> the house approved. >> john boehner got rolled. >> john boehner has had permanent damage done to him. >> john boehner walked past harry reid and said go blank yourself, and then bragged about it. >> does he even want this job anymore? >> one long national nightmare is now finally over. >> the debt ceiling. >> the debt ceiling is coming. >> no. >> the sequesters are coming. >> cue the next countdown clock. >> i will not have another debate with this congress. >> house republicans see it as a trump card. >> they should pay the bills they have already racked up. >> while they approve this deal to avert the fiscal cliff. >> last night the house of representatives failed. >> there was no deal to send money to the victims of hurricane sandy. >> lawmakers from new jersey were angry. >> last night it was my party responsible. >> they are leaving this party without help. >> congress. >> congress. >> congress. >> the laughing stock o
. >> with 58 minutes to spare, congress averted the fiscal cliff. >>> nobody is celebrating this morning, but the deal is done. >> the tax issue has been resolved. >> the house approved. >> john boehner got rolled. >> john boehner has had permanent damage done to him. >> john boehner walked past harry reid and said go blank yourself, and then bragged about it. >> does he even want this job anymore? >> one long national nightmare is now...
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. >> now, after this fight is over on the fiscal cliff, what opinions should americans have of congress? >> well, they should have low opinions of congress. western sent here to get things done. we were sent here to state our disagreements and move on. americans have every right to be frustrated with the house republican caucus that has been about obstruction, refused to compromise. that won't even take yes for an answer when we give them what they want. they have every right to be frustrated with a congress here. >> thank you so much. steve israel, thank you. we'll have the latest on when they house will vote on the fiscal cliff tonight here on msnbc. we'll be right back with "hardball." stick around. [ man ] visa prepaid opened a new world for me. ♪ i have direct deposit on my visa prepaid. my paycheck is loaded right on my card. automatic. i am not going downtown standing in line to cash it. i know where my money is, because it is in my pocket. i got more time with my daughter, we got places to go. [ freeman ] go open a new world, with visa prepaid. more people go with visa. but th
. >> now, after this fight is over on the fiscal cliff, what opinions should americans have of congress? >> well, they should have low opinions of congress. western sent here to get things done. we were sent here to state our disagreements and move on. americans have every right to be frustrated with the house republican caucus that has been about obstruction, refused to compromise. that won't even take yes for an answer when we give them what they want. they have every right to be...
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. >>> if the house manages to pass the senate bill on avoiding the fiscal cliff and that remains a big if it will represent just the tip of the iceberg when it comes to the economic challenges facing the president and congress over the next several years. rick newman is chief business correspondent for u.s. news and world report and the author of "rebounders." how winners pivot back to success. welcome. thank you for joining me. >> hi, mara. >> before we get to the battles ahead who is the rebounder in the senate deal? >> well, mitch mcconnell looks pretty good. this is the guy who said his main objective prior to 2012 was getting president obama unelected. that didn't happen obviously. he just looked like an obstructionist. now he is playing a productive role getting some things done for the nation. >> now, it looks like in this deal the senate bill punts a lot of things down the road and we could see a debt ceiling debate in the near future. >> yes. >> how can we avoid the kind of brinksmanship we've just seen in the issues we've got moving forward? >> i'm not sure we can avoid it. t
. >>> if the house manages to pass the senate bill on avoiding the fiscal cliff and that remains a big if it will represent just the tip of the iceberg when it comes to the economic challenges facing the president and congress over the next several years. rick newman is chief business correspondent for u.s. news and world report and the author of "rebounders." how winners pivot back to success. welcome. thank you for joining me. >> hi, mara. >> before we get to...
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cliff bill vote. because they have to run for the whole state. so they have to represent a broader constituency in the house, totally different situation: because it's a narrower -- >> these districts where they only have to worry about how far to the right can they get. and there's another interesting thing at play here. i went back and took a look during the summer, 2011. research did a poll asking people if they want to see a compromise. 81% of democrats said yes, we want a compromise. 69% of ind pen dents said yes, we want a compromise. so you also just have a more idealogical group. they want to see this principle leadership that doesn't look to would recollect with the other side. >> but dana, let's pick up on that point where krystal is bringing up the point twebetwee the senate and the house. you have this roll call deadline that boehner was a coup atecht larger than first thought. >>> remember, it took two years to really orchestrate the removal of gingrich. the conservatives keep pushing. so
cliff bill vote. because they have to run for the whole state. so they have to represent a broader constituency in the house, totally different situation: because it's a narrower -- >> these districts where they only have to worry about how far to the right can they get. and there's another interesting thing at play here. i went back and took a look during the summer, 2011. research did a poll asking people if they want to see a compromise. 81% of democrats said yes, we want a compromise....
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so just give us some context, if we go back about 520 days that is when the fiscal cliff was born. and at that time some say that was really the best deal that democrats could have gotten out of this new congress the wave congress of tea party members. >> well, i -- you know i vote d against the budget control act back in august of 2011. the act was really precipitated over the last rising of the debt ceiling. i figured we would end up here that so many of the differences that we have about raising taxes on the very wealthiest americans, are really intractable differences, and basically it took the last moment, the house republicans are driving the car, careening towards the cliff. and ultimately they decided that it would be best not to go off. we haven't by any stretch, resolved i think the very -- pronounced differences that we have about how to resolve our fiscal situation in this country. and what to invest in and where to get the revenue we need to run the government and to provide the kind of incentives we need for economic growth. so this is a fight that is going to continu
so just give us some context, if we go back about 520 days that is when the fiscal cliff was born. and at that time some say that was really the best deal that democrats could have gotten out of this new congress the wave congress of tea party members. >> well, i -- you know i vote d against the budget control act back in august of 2011. the act was really precipitated over the last rising of the debt ceiling. i figured we would end up here that so many of the differences that we have...
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. >> congress, it's going to be reminiscent for a lot of people, the fiscal cliff and struggle that took place with that. how do you go back to your constituents in kentucky and explain to them that once again washington is not doing its job? >> well, i've been doing this for several years now and it's a frustrating situation. like mr. turner, i voted against the budget control act and so i can tell them that this is not the way we do business. my constituents want a balanced approach. my constituents want to make sure that we don't take -- do all of the deficit reduction on the backs of lower and middle-income americans and while the wealthy contributes to this program. plus, we've got plenty of room with what are called tax end spe expenditures. >> let me interrupt. the president has come to the microphone. >> as you know, i've met with leaders of both parties to discuss a way forward in light of the severe budget cuts that start to take effect today. i told them these cuts will hurt our economy, they will cost us jobs and to set it right, both sides need to be willing to compromise. t
. >> congress, it's going to be reminiscent for a lot of people, the fiscal cliff and struggle that took place with that. how do you go back to your constituents in kentucky and explain to them that once again washington is not doing its job? >> well, i've been doing this for several years now and it's a frustrating situation. like mr. turner, i voted against the budget control act and so i can tell them that this is not the way we do business. my constituents want a balanced...
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cliff negotiations. who is really empower ed in thi congress? >> well, i think that we saw clearly that representative canter holds heavy sway over a significant portion of the caucus, but as we saw in the vote that happened on thursday, speaker boehner maintains the loyalty of the majority of the members of the caucus, but we won't see that struggle end. i think that the struggle will continue. and frankly, from someone sitting on the other side of the aisle, we all as democratic freshmen were surprised in wonderment as we watched it, because it seemed like a lack of strength in unity and it is continuing to be fracture rouse and it will cause problems for them as we move forward. >> yes, jamal. if we look at what elected john boehner no the speaker position, it was not a unanimous vote, and even some votes cast there for all alan west. >> that is my favorite vote. >> and yes, david walker got one in there. >> and colin powell got one. >> yes. and what does that tell us about where boehner is in terms o
cliff negotiations. who is really empower ed in thi congress? >> well, i think that we saw clearly that representative canter holds heavy sway over a significant portion of the caucus, but as we saw in the vote that happened on thursday, speaker boehner maintains the loyalty of the majority of the members of the caucus, but we won't see that struggle end. i think that the struggle will continue. and frankly, from someone sitting on the other side of the aisle, we all as democratic...
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cliff into flux because, as we have been discussing, a brand new congress is sworn in on thursday. the senate has said they're not likely to take up anything the house does to begin with and if the new congress is sworn in, the legislative slate is wiped clean and we start over. and there is mayhem and chaos surrounding markets and anger, if there can be any more anger and frustration toward washington because people's paychecks will be checked at a higher rate. let's review what's happened in the last ten days. john boehner and eric cantor put their plan "b" on a friday on the floor 69 house of representatives. it set the income threshold at $1 million over which you would be taxed at a higher rate. they wanted to do that because you simply can't beat something with nothing. they wanted to have something to send over to the senate to negotiate with in addition to what they had sent over last summer which was pretty much a nonstarter that they had recognized. that crashed and burned and went down in flames at which point john boehner said, look, it's up to the senate. they can nego
cliff into flux because, as we have been discussing, a brand new congress is sworn in on thursday. the senate has said they're not likely to take up anything the house does to begin with and if the new congress is sworn in, the legislative slate is wiped clean and we start over. and there is mayhem and chaos surrounding markets and anger, if there can be any more anger and frustration toward washington because people's paychecks will be checked at a higher rate. let's review what's happened in...
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and culminated with the fiscal cliff face-off here at the end. congress made two big promises. at least the house republicans did. repealing health care and shrinking spending. you could argue, they're 0 for 2. but they deserve points on the spending front. every spending bill is a real fight. and that is progress as far as conservatives are concerned. still, the first act ended late wednesday when the president directed from hawaii that the fiscal cliff bill be signed by autopen and declared victory in a campaign style video. >> just recently, republicans in congress said they never agreed to raise tax rates on the wealthiest americans. we have now raised those rates permanently. >> and that's what is still remarkable about what the president pulled off. he got republicans to help him raise taxes, something bill clinton couldn't get done. the second act begins today, though. senate republican leader mitch mcconnell kicks it off saying, quote, the president may not want to have a fight about government spending over the next few months, but it's a fight he is going to have. the
and culminated with the fiscal cliff face-off here at the end. congress made two big promises. at least the house republicans did. repealing health care and shrinking spending. you could argue, they're 0 for 2. but they deserve points on the spending front. every spending bill is a real fight. and that is progress as far as conservatives are concerned. still, the first act ended late wednesday when the president directed from hawaii that the fiscal cliff bill be signed by autopen and declared...
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if this fiscal cliff deal is success, that is not a good way to govern. it's not how to run a rail road. >> gentlemen, thank you for being here. >> thank you. >>> up next, a special farewell to members of congress we won't miss. and one or two we will in the "sideshow." if you want to follow me on twitter, you just need to figure out how to spell smerconish. this is "hardball," the place for politics. [ male announcer ] there are only so many foods that make kids happy. and even fewer that make moms happy too. with wholesome noodles and bite sized chicken, nothing brings you together like chicken noodle soup from campbell's. it's amazing what soup can do. >>> back to "hardball." now to the "sideshow." today marks the start of the 113th congress, and that means we bid farewell to departing members. some are leaving by choice, others failed to win their bids for re-election. from the crowd that wanted to come back but last, there's arizona republican ben quayle who brought us this gem of a campaign ad in 2010. >> barack obama is the worst president in histo
if this fiscal cliff deal is success, that is not a good way to govern. it's not how to run a rail road. >> gentlemen, thank you for being here. >> thank you. >>> up next, a special farewell to members of congress we won't miss. and one or two we will in the "sideshow." if you want to follow me on twitter, you just need to figure out how to spell smerconish. this is "hardball," the place for politics. [ male announcer ] there are only so many foods that...
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. >>> with the fiscal cliff now averted, lawmakers and president obama are gearing up for the next budget showdown. it's coming in late february when the delay in the sequester expires and congress must raise the debt limit to avoid default. >> save your powder for the debt ceiling fight. we have leverage at the debt ceiling to make this president face up to the fact that we're spending our way into oblivion. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up. >> joining me live, democratic congresswoman chair of the democratic national committee and member of the budget committee. thanks for being on the show. >> thanks for having me. >> you hear president obama say he's not going to negotiate on the debt limit. you heard lindsay graham say there save it for the debt battle. how far are they willing to go to prevent any debt accruing on that number. what gives you confidence the president will not net on this and what can he do to avoid negotiating on this? >> i think i
. >>> with the fiscal cliff now averted, lawmakers and president obama are gearing up for the next budget showdown. it's coming in late february when the delay in the sequester expires and congress must raise the debt limit to avoid default. >> save your powder for the debt ceiling fight. we have leverage at the debt ceiling to make this president face up to the fact that we're spending our way into oblivion. >> while i will negotiate over many things, i will not have...
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cliff. good evening. i'm richard lui. you're watching the standoff in washington, d.c. the house gop is meeting at this hour for the second time today. leadership and members are discussing how to move forward on a bill they say need to include spending cuts. house speaker john boehner and eric cantor arrived at the meeting together. but it was cantor who set off the storm earlier today just hours ago by announcing he could not support the senate bill that was approved this morning at 2:00 a.m. house democratic leader nancy pelosi attempted to put pressure on tonight. she posted this on twitter saying quote, strong majority of house democrats support the bipartisan senate bill that passed 89-8. confident it will pass and speaker boehner allows an up or down vote. and republicans like congressman jack kingston of georgia blame the senate for a hastily written bill. >> it was way past those senators' bedtime. they were blurry eyed when they were reading it. we're trying to fill in the gap wher
cliff. good evening. i'm richard lui. you're watching the standoff in washington, d.c. the house gop is meeting at this hour for the second time today. leadership and members are discussing how to move forward on a bill they say need to include spending cuts. house speaker john boehner and eric cantor arrived at the meeting together. but it was cantor who set off the storm earlier today just hours ago by announcing he could not support the senate bill that was approved this morning at 2:00 a.m....
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could the country be headed toward another fiscal cliff? let me explain, a deep dive, more likely scenario for washington. it's one not a lot of people reported on. stan, a man who helped craft the budget on both sides of capitol hill, knows how this works better than anybody. first, here is what we know. once lawmakers get back, the smallest of windows to come up with a plan to fund government before it shuts down. neither side advocating a shutdown on the leadership ends but split on spending. they want to raise spending caps set by sequester. republicans say no. >> we now have a debt the size of our economy, which makes us look a lot like greece. there's much left to be done to get our financial house in order. but boy, you don't make any progress in that direction by signaling to the american people you're not serious about things you already agreed to do on a bipartisan basis. >> so are we really headed for a government shut down? stan says it's possible, maybe even probable. not only are republicans and democrats on different pages, r
could the country be headed toward another fiscal cliff? let me explain, a deep dive, more likely scenario for washington. it's one not a lot of people reported on. stan, a man who helped craft the budget on both sides of capitol hill, knows how this works better than anybody. first, here is what we know. once lawmakers get back, the smallest of windows to come up with a plan to fund government before it shuts down. neither side advocating a shutdown on the leadership ends but split on...
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deal on the fiscal cliff. the president said he's not negotiating over it and the new congress began making it very clear that spending cuts will be what they focus on like a laser in the coming months as negotiations continue. mitch mcconnell look at the incoming class of house republicans as well who voted, many of them against the bill on friday that provided $9 billion in flood relief to sandy. they did it because there weren't spending cuts. >> jonathan, how is the fiscal cliff fight, how might that shape the debt ceiling fight for republicans? >> it's everything to them in terms of they feel as it was pointed out before that they didn't get the spending cuts they wanted. they see the debt ceiling coming up in the early couple of months of the year here as an opportunity for leverage to get those spending cuts that they didn't just get. the president of the united states says he's not going to play ball on that. he may unilaterally raise the debt and may lower the debt and there are a few options on the t
deal on the fiscal cliff. the president said he's not negotiating over it and the new congress began making it very clear that spending cuts will be what they focus on like a laser in the coming months as negotiations continue. mitch mcconnell look at the incoming class of house republicans as well who voted, many of them against the bill on friday that provided $9 billion in flood relief to sandy. they did it because there weren't spending cuts. >> jonathan, how is the fiscal cliff...
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does not cut spending because of tax hikes, the fiscal cliff agreement, however, did cut $700 billion to $800 billion off the deficit over the next ten years. >>> joining me is ben cardin, democrat from maryland. good to see you, happy new year. >> good to see you. >> let's talk about what we'll be headed for. is it another eleventh hour and 59-minute fight, as a colleague of yours, congressman yarmuth said that earlier to me today. he said i suspect we are headed for that essentially extortion that's what they've been trying to do to use the debt ceiling or any leverage they have to strip the social safety net in this country. do you agree with him? >> i hope we've learned our lesson and we do not take our economy to the brink, with self-inflicted wounds. the fiscal cliff taught us that if we work together, democrats and republicans, we can get some good things done. we now have permanent tax relief for middle income families, we've established the 39.6% high rate for those that make the most income, so we got some good things done, but it's because democrats, republicans worked toge
does not cut spending because of tax hikes, the fiscal cliff agreement, however, did cut $700 billion to $800 billion off the deficit over the next ten years. >>> joining me is ben cardin, democrat from maryland. good to see you, happy new year. >> good to see you. >> let's talk about what we'll be headed for. is it another eleventh hour and 59-minute fight, as a colleague of yours, congressman yarmuth said that earlier to me today. he said i suspect we are headed for that...
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people are so tired of these fiscal cliffs and crisis and down to the last minute deals. i think people in america are sick of that. i do think it's time for the president to get off the campaign trail, for congress to get back and roll up their sleeves and say, okay, mr. president, lets try to do this together and have a way forward. the president should not be saying, i will not negotiate. i mean, he's sort of saying i won the election and i'm not going to negotiate. that's a hard thing for the republicans that want to work with him to stomach and be able to also say what their views are. you've got to make it easy in a negotiation for both sides to come out with something. the president is not laying that framework very well. yes, they have to get together. they have got to say continuing resolution, debt ceiling, and the reason we're talking about a short-term continuing resolution is because there still is going to have to be negotiation. that's what congress and the president have done since the founding of our constitution. >> wrote the president, let the president
people are so tired of these fiscal cliffs and crisis and down to the last minute deals. i think people in america are sick of that. i do think it's time for the president to get off the campaign trail, for congress to get back and roll up their sleeves and say, okay, mr. president, lets try to do this together and have a way forward. the president should not be saying, i will not negotiate. i mean, he's sort of saying i won the election and i'm not going to negotiate. that's a hard thing for...
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no late-night health care votes, no fiscal cliff looming. but the calm is hardly a sign of distinction and productivity. as the senate seals the budget deal, the last big vote of the 113th congress at least in this year is congress is leaving a bunch of unfinished business on its 2014 to-do list. live pk you are which is of the senate floor where in just about an hour the senate is expected to advance a two-year budget compromise. final vote could come as early as this evening if republicans agree to speed up the process. otherwise the senate will pass the bill by the end of the day tomorrow. >> although neither side got everything it wanted from this agreement, the legislation should help break a terrible cycle of governing by crisis. >> in a new "washington post" poll, 50% say they approve of the deal, 35% say they disapprove. majorities of democrats and independents support the bill, but republicans are split. 39% in this approved the deal, 36% disapproved. kind of playing out how you see it on the senate floor. those same divisions. repu
no late-night health care votes, no fiscal cliff looming. but the calm is hardly a sign of distinction and productivity. as the senate seals the budget deal, the last big vote of the 113th congress at least in this year is congress is leaving a bunch of unfinished business on its 2014 to-do list. live pk you are which is of the senate floor where in just about an hour the senate is expected to advance a two-year budget compromise. final vote could come as early as this evening if republicans...
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if the words total baloney sum up your thoughts about how congress handled all the fiscal cliff chaos, you will want to head to virginia's roanoke bagel company and order the congressional sandwich special. it's a mostly baloney sandwich. one of the shop's owners gave the scoop on how the sandwich made the menu. >> listening to the nonsense and, you know, waiting for congress as we always do and waiting and waiting and waiting. we had ordered bologna. i thought we needed to do a bologna sandwich. >> the congressional sandwich is, for now at least, a limited time offer. >>> finally, has capitol hill really seen the last of barney frank? yesterday marked his final day as a massachusetts congressman, but apparently frank is game to prolong things a bit. on "morning joe" today frank broke the news he wants to take on the position of interim senator when john kerry becomes secretary of state. >> a month ago and a few weeks ago in fact, i said i wasn't interested, which is kind of like you're about to graduate and they said you have to go to summer school. but that deal now means that febru
if the words total baloney sum up your thoughts about how congress handled all the fiscal cliff chaos, you will want to head to virginia's roanoke bagel company and order the congressional sandwich special. it's a mostly baloney sandwich. one of the shop's owners gave the scoop on how the sandwich made the menu. >> listening to the nonsense and, you know, waiting for congress as we always do and waiting and waiting and waiting. we had ordered bologna. i thought we needed to do a bologna...
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if this fiscal cliff deal is success, that is not a good way to govern. it's not how to run a rail road. >> gentlemen, thank you for being here. >> thank you. >>> up next, a special farewell to members of congress we won't miss. and one or two we will in the "sideshow." if you want to follow me on twitter, you just need to figure out how to spell smerconish. this is "hardball," the place for politics. [ male announcer ] what are happy kids made of? bikes and balloons, wholesome noodles on spoons. a kite, a breeze, a dunk of grilled cheese. catches and throws, and spaghettio's. that's what happy kids are made of. campbell's. it's amazing what soup can do. that's what happy kids are made of. is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. >> gentlemen, thank you for this is "hardball," the place tamiflu is prescription medicine for treating the flu in adults and children one ye
if this fiscal cliff deal is success, that is not a good way to govern. it's not how to run a rail road. >> gentlemen, thank you for being here. >> thank you. >>> up next, a special farewell to members of congress we won't miss. and one or two we will in the "sideshow." if you want to follow me on twitter, you just need to figure out how to spell smerconish. this is "hardball," the place for politics. [ male announcer ] what are happy kids made of? bikes...
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and as congress has demonstrated most recently with respect to fiscal cliffs, that it cannot act, i expect the president will. and i applaud him for taking executive action, and doing so where he can, abiding by the constitutional amendment, which, of course, as you know, martin, says there shall be a wel well-regulated militia. it has nothing to do with taking the guns out of the hands of people but regulating and control assault weapons, capacity clips, making sure that there's universal background checks for people. come on. these are common sense, practical things that we can agree on, and, in fact, most members of the nra agree with universal background checks and closing the loopholes that exist out there is that we can in a very practical sense stop the violence. and, yes, mental health issues, yes, the culture of violencviol make sure we're incorporating all we need to do, but let's act. >> but are you suggesting, sir, that the president should take executive action in relation to assault weapons? are you suggesting that he should take executive action to ban those weapons? >> i am
and as congress has demonstrated most recently with respect to fiscal cliffs, that it cannot act, i expect the president will. and i applaud him for taking executive action, and doing so where he can, abiding by the constitutional amendment, which, of course, as you know, martin, says there shall be a wel well-regulated militia. it has nothing to do with taking the guns out of the hands of people but regulating and control assault weapons, capacity clips, making sure that there's universal...
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do they keep themselves together like they did over the fiscal cliff. that's interesting to see over the 115th congress. >> we'll see. my friend, it's, like, 17 degrees in new york right now, i know it's chilly in washington. are you wearing boat shoes? >> no, but i do walk in to nobu like it's whole foods. >> quoting kanye west, we have to leave it there. >> i want the intro song next time. pay the royalty, play it for me. >> thank you, luke, we'll be in touch with you later. >>> coming up, wayne lapierre portends a nefarious obama administration gun grab. we'll try to better understand lapierre's factually challenging argument and head-scratching logic just ahead. ♪ i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios looks like you're in a pickle. yeah. can you get me out of it ? just so happens i know a chap... book any flight and hotel together and get access to our free personal concierge serv
do they keep themselves together like they did over the fiscal cliff. that's interesting to see over the 115th congress. >> we'll see. my friend, it's, like, 17 degrees in new york right now, i know it's chilly in washington. are you wearing boat shoes? >> no, but i do walk in to nobu like it's whole foods. >> quoting kanye west, we have to leave it there. >> i want the intro song next time. pay the royalty, play it for me. >> thank you, luke, we'll be in touch...
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cliff and we need immigration. what we're going to see, you better belief belief you're going to have sciu, the chamber of commerce and evangelical groups going to the same town halls and saying immigration is a top priority. >> we should note the congresswoman at that town hall, alabama's martha roby didn't respond to the questioner but her office did issue a statement, "she wasn't there to endorse anyone's views but rather to listen. this is a group that was targeted for their political beliefs by the irs only to have the president call it a phony scandal. you bet they are frustrated about this administration." but professor, is it really necessary to describe the president as an american-hating despot? >> yeah, exactly. or to say he's foreign born. that's where the representative missed her opportunity to distinguish herself as a leader. because if you're a follower, then you'll just follow the folk off a cliff. if you're a leader you stand tall and say we know this president was born in this nation. that's been
cliff and we need immigration. what we're going to see, you better belief belief you're going to have sciu, the chamber of commerce and evangelical groups going to the same town halls and saying immigration is a top priority. >> we should note the congresswoman at that town hall, alabama's martha roby didn't respond to the questioner but her office did issue a statement, "she wasn't there to endorse anyone's views but rather to listen. this is a group that was targeted for their...
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you know when the fiscal cliff thing that we did in december, obama and the congress finally did, big disaster. do you know buried in that bill, buried in that bill were hundreds of millions of dollars of additional loopholes for special corporations. it's not right, melissa. it's called corruption. >> buddy roam emer, you always e it place. >> thank you. >> when we come up, the cost to human life. more on that when we come back. [ rosa ] i'm rosa and i quit smoking with chantix. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while t
you know when the fiscal cliff thing that we did in december, obama and the congress finally did, big disaster. do you know buried in that bill, buried in that bill were hundreds of millions of dollars of additional loopholes for special corporations. it's not right, melissa. it's called corruption. >> buddy roam emer, you always e it place. >> thank you. >> when we come up, the cost to human life. more on that when we come back. [ rosa ] i'm rosa and i quit smoking with...
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wait, back then it was a fiscal cliff. sorry, just too much to keep straight. and that's how you know and that's when you begin to know that the house republicans are honey badgers. they don't give a you know what. speaker boehner and his honey badger posse seemed to forget that the northeast is not comprised simply of liberals, they've got republicans there. and when bayoehner chose not to proceed with relief for sandy, they brought the smackdown. >> unprecedented, disgusting, unworthy of the leadership of this house. they should reconsider or hang their heads in shame, mr. speaker. >> that we would walk away without doing our part to help the people suffering in new york in new jersey, connecticut, pennsylvania, and other parts of the country is outrageous! it is simply outrageous. >> mr. speaker, tonight's action not to hold this vote on the implemental is absolutely indefensible. everybody played by the rules, except tonight when the rug is pulled out from under us. absolutely infusible, absolutely indefensible. we have a moral obligation to hold this vote!
wait, back then it was a fiscal cliff. sorry, just too much to keep straight. and that's how you know and that's when you begin to know that the house republicans are honey badgers. they don't give a you know what. speaker boehner and his honey badger posse seemed to forget that the northeast is not comprised simply of liberals, they've got republicans there. and when bayoehner chose not to proceed with relief for sandy, they brought the smackdown. >> unprecedented, disgusting, unworthy...
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the debt ceiling fight is very, very different than the fiscal cliff fight. the fiscal cliff fight was something where we could anticipate a lot of problems coming if we went over it. the debt ceiling fight is very, very different. it will -- if it goes to the crisis the republicans talk about creating, initiate a broad meltdown as regards our economy. and it runs the risk of putting people out of work. >> so many comparisons being made to what happened in the '90s under newt gingrich. the world economy is a lot different right now. i know your "nation" magazine has done a lot of reporting on this. who would be affected the most? who would survive and who wouldn't? >> well, small businesses would be devastated by this because you'd see a lobbing up of capital at very, very rapid rate. and anybody who relies on a line of credit could end up in really big trouble -- farmers, working folks, anybody trying to get a mortgage. you would see a very, very quick impact. and the problem is also the instability of a situation like this, especially at a point when our ec
the debt ceiling fight is very, very different than the fiscal cliff fight. the fiscal cliff fight was something where we could anticipate a lot of problems coming if we went over it. the debt ceiling fight is very, very different. it will -- if it goes to the crisis the republicans talk about creating, initiate a broad meltdown as regards our economy. and it runs the risk of putting people out of work. >> so many comparisons being made to what happened in the '90s under newt gingrich....
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87 dead americans every day and the fiscal cliff or debt ceiling is more important than 87 families burying their children and family members every day? that is immoral. and the nra is immoral. and let's face it. the gun industry controls congress and until the people take back their congress, it's going to be more massacres, more gun sales, more money back to the nra supporters in congress. >> let's get in you on this, michael. there are conservative groups backing this gun appreciation day. >> yeah. >> but for those who think it's just republicans or conservatives who are so-called gun rights advocates that's not the case. i want to play freshman senator highcamp. she was on abc's "this week," their sunday morning program. >> i think you need to put everything on the table but what i hear from "the washington post" and white house, that's way in extreme of what i think is necessary or even should be talked about. and it's not going to pass. >> certain things are not going to pass and the things she was referring to listed as possible proposals from the president, assault weapons, magazine
87 dead americans every day and the fiscal cliff or debt ceiling is more important than 87 families burying their children and family members every day? that is immoral. and the nra is immoral. and let's face it. the gun industry controls congress and until the people take back their congress, it's going to be more massacres, more gun sales, more money back to the nra supporters in congress. >> let's get in you on this, michael. there are conservative groups backing this gun appreciation...
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the fiscal cliff may have been just a warmup. but february or early march, congress will have to vote on raising the debt ceiling, and the differences are not resolved, the country could see a default on the national debt and another potential downgrade on u.s. credit rating. joining me now, judd gregg, co-chair on the campaign to fix the debt. senator greg, thank you for joining me. >> thank you for having me on. >> it's a new year, new congress, but has some old problems, the debt mainly. what will happen this time? >> well, you know, the congress and the president made two efforts here that have been fairly substantive. the 2011 effort reduced discretionary spending by $900 billion and a tax increase of $960 billion, but the big elephant has not been addressed, entitlement spending, that's driving our debt. we're running deficits of over a trillion dollars a year, even after the tax increase, so they will have to come back and address that. i hope they can do it in an orderly way, rather than what we do in recent years. the ch
the fiscal cliff may have been just a warmup. but february or early march, congress will have to vote on raising the debt ceiling, and the differences are not resolved, the country could see a default on the national debt and another potential downgrade on u.s. credit rating. joining me now, judd gregg, co-chair on the campaign to fix the debt. senator greg, thank you for joining me. >> thank you for having me on. >> it's a new year, new congress, but has some old problems, the debt...
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chief among them whether congress will vote to raise the country's debt ceiling. shortly after lawmakers reached a down to the wire deal on taxes to pull the country back from the fiscal cliff earlier this week, the president tried to preempt the debt limit showdown by firing a warning shot at republicans. he reiterated that call yesterday. >> one thing i will not compromise over is whether congress should pay the tab for a bill already racked up. the congress refuses to give the united states the ability to pay its bills on time, the results for the global economy could be catastrophic. >> republicans have vowed to use upcoming votes to get more spending cuts to entitlement programs like medicare. some are threatening a government shutdown. in a moment, we'll talk to alan simpson and erskine bowles about where they see the fiscal cliff deal leaving the country. they say it falls short. but first, the man who brokered the deal with the white house on behalf of the republicans and no doubt will be a key figure in the battles ahead, the top republican in the senate,
chief among them whether congress will vote to raise the country's debt ceiling. shortly after lawmakers reached a down to the wire deal on taxes to pull the country back from the fiscal cliff earlier this week, the president tried to preempt the debt limit showdown by firing a warning shot at republicans. he reiterated that call yesterday. >> one thing i will not compromise over is whether congress should pay the tab for a bill already racked up. the congress refuses to give the united...
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far worse than the impact of a fiscal cliff. people will remember back in 2011, the last time this course of action was threatened, our entire recovery was put at risk. consumer confidence plunged. business investment plunged. growth dropped. we can't go down that path again. >> there is that. there are things that had to be prevented, mark halperin. frame the battle ahead. >> the president wants to keep the debt ceiling vote out of this. and on the merits, except for the fact that he once voted to not raise the debt ceiling when he was a senator, he's right -- >> i'm sorry, say that again? the president what? >> he made, as fonzie would say -- he was wrong. when he was a senator, he did something he now thinks is a bad idea, which is to politicize -- >> he only, though, had once chance, one bite at the apple. so the one time he had a chance to raise the debt ceiling, what did he do? >> that was unfortunate. he voted no. >> why is that? i don't understand. >> make a statement. but he now has seen the light. >> today he doesn't j
far worse than the impact of a fiscal cliff. people will remember back in 2011, the last time this course of action was threatened, our entire recovery was put at risk. consumer confidence plunged. business investment plunged. growth dropped. we can't go down that path again. >> there is that. there are things that had to be prevented, mark halperin. frame the battle ahead. >> the president wants to keep the debt ceiling vote out of this. and on the merits, except for the fact that...
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but see, there again, through the fiscal cliff issues, we should have been working on this. he should have been working with us on an ongoing basis. >> well, we're going to see what happens. >> hopefully we'll see that happen. >> now that congress is back in session on monday. congresswoman marcia blackburn of tennessee. thanks so much. >>> hello, looeks. we'll go behind the washington brinksmanship over the impending sequester cuts with congressman charlie rangel and with outspoken former republican congressman steve latourret. also further resistance to the white house efforts to curb gun violence. there's a nation-wide protest under way now. we'll bring that to you live. all that and the first ladies new moves over the course of the next hour. >>> coming up with the next big three accusing the president by governing by freak out and why. ♪ no two people have the same financial goals. pnc works with you to understand yours and help plan for your retirement. visit a branch or call now for your personal retirement review. today is gonna be an important day for us. you read
but see, there again, through the fiscal cliff issues, we should have been working on this. he should have been working with us on an ongoing basis. >> well, we're going to see what happens. >> hopefully we'll see that happen. >> now that congress is back in session on monday. congresswoman marcia blackburn of tennessee. thanks so much. >>> hello, looeks. we'll go behind the washington brinksmanship over the impending sequester cuts with congressman charlie rangel and...
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he was very skilled at that during the campaign and in the run up to the fiscal cliff end game. i think he is going to continue to be good at that. the public clearly doesn't want massive cuts to medicare and social security. i think he will be good at setting the table and putting himself in a position to get a better deal. the question is, in the end game i think that is when obama tends to back slide a little bit. he will do a good job bringing the public to his side, framing it as these guys wanting to hold the country hostage. having done that there is always the risk that the white house worries that the house gop is basically an irrational actor and you can't trust these guys to do the right thing. i think they will give concessions in the final hours of negotiations. >> jake, also on "meet the press." allen simpson compared our debt situation to europe. take a listen. >> we're the healthiest horse in the gluery right now, the trajectory of debt, deficit and interest will match any of the pig countries, portugal, italy, spain, match it. we are lots bigger. >> accurate in.
he was very skilled at that during the campaign and in the run up to the fiscal cliff end game. i think he is going to continue to be good at that. the public clearly doesn't want massive cuts to medicare and social security. i think he will be good at setting the table and putting himself in a position to get a better deal. the question is, in the end game i think that is when obama tends to back slide a little bit. he will do a good job bringing the public to his side, framing it as these...
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a week or so and try to deal with the next fiscal cliff, and it's useful to talk about where we came from. so most people judge deficit reduction going back to when simpson-bowles' report came out and we meshed from there and what's happened. there's actually been several rounds of deficit reduction worth reviewing. back in 2010 and '11, they put a bunch of continuing resolutions or kind of spending caps onto mostly discretionary programs. in 2011 when we had the debt ceiling debacle, they agreed to the budget control act which was another billion dollars, roughly, of cuts. again, mostly from if not entirely from discretionary programs. and then, of course, we had the fiscal cliff which was $650 billion of revenue increases. so so far, we've actually had $2.4 trillion over a ten-year period of deficit reduction. but about 30% of it has come from rev lienue increases and at the other 70% from come from spending cuts. entirely from discretionary programs. >> what's the budget control act? >> it's what came out of the last debt ceiling debacle when the republicans and the democrats agre
a week or so and try to deal with the next fiscal cliff, and it's useful to talk about where we came from. so most people judge deficit reduction going back to when simpson-bowles' report came out and we meshed from there and what's happened. there's actually been several rounds of deficit reduction worth reviewing. back in 2010 and '11, they put a bunch of continuing resolutions or kind of spending caps onto mostly discretionary programs. in 2011 when we had the debt ceiling debacle, they...